LONDON, March 20 (Reuters) – Investors took advantage of the drop in stock and bond prices in the latest week to snap up both, even though a steep rise in energy prices on the back of the war in the Middle East rattled sentiment, according to Bank of America Global Research on Friday.
Investors poured $62.2 billion into stocks, $23.5 billion into cash, $10.2 billion to bonds, and $1.0 billion into crypto, while pulling $4.5 billion from gold, the bank said, citing data from EPFR.
(Reporting by Amanda Cooper; Editing by Alun John)
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